,,ib ,union ,calendar ,no4 #bad #aaeth ,,congress #ast ,session ,h4 ,r4 #ccbf ,report ,no4 #aae-bih ,,in ,,the ,,house ,,of ,,representatives ,july #bj1 #bjag ,mr4 ,barr introduced the following bill2 which was referred to the ,committee on ,financial ,services ,september #g1 #bjag;,additional sponsor3 ,mr4 ,sherman ,september #g1 #bjag ,reported with an amendment1 committed to the ,committee of the ,whole ,house on the ,state of the ,union1 and ordered to be printed ,strike out all after the enacting clause and insert the part printed in italic ,for text of introduced bill1 see copy of bill as introduced on ,july #bj1 #bjag ,a ,,bill ,to increase accountability1 combat corruption1 and strengthen management effectiveness at the ,world ,bank4 #a4 ,short title ,this ,act may be cited as the ,world ,bank ,accountability ,act of #bjag4 #b4 ,withholding of funds until certain conditions are met 7a7 ,institutional reforms 7#a7 ,in general ,with respect to each of fiscal years #bjah through #bjbc1 in addition to any amounts withheld from disbursement under subsection 7b71 #ae percent of the amounts provided in appropriations ,acts for the ,international ,development ,association for the fiscal year-- 7,a7 shall be withheld from disbursement until the conditions of paragraph 7#b7 or 7#c7 are satisfied2 and 7,b7 7i7 shall be disbursed after the conditions of paragraph 7#b7 are satisfied2 and 7ii7 may be disbursed after the conditions of paragraph 7#c7 are satisfied 7#b7 ,initial conditions ,the conditions of this paragraph are satisfied with respect to the amounts provided in appropriations ,acts for a fiscal year if1 in the fiscal year1 the ,secretary of the ,treasury reports to the appropriate congressional committees that the ,international ,bank for ,reconstruction and ,development-- 7,a7 is implementing institutional incentives1 including through formal staff evaluation criteria1 that prioritize poverty reduction1 development outcomes1 and capable project management over the volume of the ,bank's lending and grantmaking2 7,b7 is taking steps to address the management failures described in ,inspection ,panel ,investigation ,report #ajfgaj-,,ug1 and to prevent their recurrence in countries that are eligible for ,world ,bank support2 and 7,c7 is taking measures to strengthen its management of trust funds1 with the goal of increasing the accountability of the trust funds for poverty reduction and development outcomes4 7#c7 ,subsequent conditions ,the conditions of this paragraph are satisfied if the ,secretary of the ,treasury reports to the appropriate congressional committees1 in each of the #c fiscal years most recently preceding the fiscal year in which the report is made1 that the ,international ,bank for ,reconstruction and ,development has instituted the measures described in paragraph 7#b7 of this subsection and the measures described in subsection 7b77#b74 7b7 ,governance and anticorruption reforms 7#a7 ,in general ,with respect to each of fiscal years #bjah through #bjbc1 in addition to any amounts withheld from disbursement under subsection 7a71 #ae percent of the amounts provided in appropriations ,acts for the ,international ,development ,association for the fiscal year-- 7,a7 shall be withheld from disbursement until the conditions of paragraph 7#b7 or 7#c7 are satisfied2 and 7,b7 7i7 shall be disbursed after the conditions of paragraph 7#b7 are satisfied2 and 7ii7 may be disbursed after the conditions of paragraph 7#c7 are satisfied 7#b7 ,initial conditions ,the conditions of this paragraph are satisfied with respect to the amounts provided in appropriations ,acts for a fiscal year if1 in the fiscal year1 the ,secretary of the ,treasury reports to the appropriate congressional committees that the ,international ,bank for ,reconstruction and ,development-- 7,a7 is emphasizing in appropriate operational policies1 directives1 and country strategies its support for secure property rights1 due process of law1 and economic freedom as essential conditions for sustained poverty reduction in ,world ,bank borrowing countries2 7,b7 7i7 in the preceding fiscal year1 has not approved any loans or grants assistance by the ,bank to a country designated by the ,united ,states as a state sponsor of terrorism2 and 7ii7 is strengthening the ability of ,bank-funded projects to undermine violent extremism2 7,c7 is taking steps to conduct forensic audits of projects receiving assistance from the ,bank1 increase the number of the forensic audits1 and strengthen the capacity of the ,bank's ,integrity ,vice ,presidency1 and that not less than #ej percent of the forensic audits initiated by the ,bank in each fiscal year are of projects randomly selected from among ,international ,development ,association borrowing countries2 and 7,d7 is taking measures to detect and minimize corruption in all ,world ,bank projects involving development policy lending4 7#c7 ,subsequent conditions ,the conditions of this paragraph are satisfied if the ,secretary of the ,treasury reports to the appropriate congressional committees1 in each of the #c fiscal years most recently preceding the fiscal year in which the report is made that the ,international ,bank for ,reconstruction and ,development has instituted the measures described in paragraph 7#b7 of this subsection and the measures described in subsection 7a77#b74 7c7 ,appropriate congressional committees defined ,in this section1 the term appropriate congressional committees means the ,committees on ,financial ,services and on ,appropriations of the ,house of ,representatives and the ,committees on ,foreign ,relations and on ,appropriations of the ,senate4 #c4 ,reports to ,congress ,the ,chairman of the ,national ,advisory ,council on ,international ,monetary and ,financial ,policies shall include in the report required by section #agja of the ,international ,financial ,institutions ,act for each of fiscal years #bjah through #bjbc a detailed description of the actions undertaken by the ,international ,bank for ,reconstruction and ,development in the fiscal year covered by the report to institute the measures described in subsections 7a77#b7 and 7b77#b7 of section #b of this ,act4 #d4 ,opposition to ,world ,bank assistance for government that fails to implement or enforce measures required under an applicable ,united ,nations ,security ,council resolution ,the ,bretton ,woods ,agreements ,act 7#bb ,u4,s4,c4 #bhf et seq47 is amended by adding at the end the following3 #gc4 ,opposition to assistance for government that fails to implement or enforce measures required under an applicable ,united ,nations ,security ,council resolution ,the ,secretary of the ,treasury should instruct the ,united ,states ,executive ,director at the ,international ,bank for ,reconstruction and ,development to use the voice and vote of the ,united ,states to oppose the provision of assistance to the government of a borrowing country of the ,international ,development ,association if the ,president of the ,united ,states determines that the government has knowingly failed to implement or enforce sanctions required under an applicable ,united ,nations ,security ,council resolution 7as defined in section #c of the ,north ,korea ,sanctions and ,policy ,enhancement ,act of #bjaf 7,public ,law #aad-abb2 #bb ,u4,s4,c4 #ibjb77 that is in effect4 4 #e4 ,eighteenth replenishment of the ,international ,development ,association2 reduction from ,,ida-#ag authorized level ,the ,international ,development ,association ,act 7#bb ,u4,s4,c4 #bhd et seq47 is amended by adding at the end the following3 #cj4 ,eighteenth ,replenishment 7a7 ,contribution authority ,the ,united ,states ,governor of the ,international ,development ,association may contribute on behalf of the ,united ,states #c1bia1jcj1jjj to the eighteenth replenishment of the resources of the ,association1 subject to obtaining the necessary appropriations4 7b7 ,limitations on authorization of appropriations ,in order to pay for the contribution provided for in subsection 7a71 there are authorized to be appropriated1 without fiscal year limitation1 #c1bia1jcj1jjj for payment by the ,secretary of the ,treasury4 4 ,september #g1 #bjag ,reported with an amendment1 committed to the ,committee of the ,whole ,house on the ,state of the ,union1 and ordered to be printed